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Dow Jones (US30): Bullish Move From Key Level Explained

https://www.tradingview.com/x/FlGgBT0V/
Dow Jones Index is trading in a bullish trend.
After the price set a new higher high on a daily, it retraced to a key daily structure support.
A doji candle was formed on that.
Analyzing a 4H time frame, we can spot a confirmed bullish breakout of a resistance line of a falling channel and an inverted h&s pattern formation with a violated neckline.
These bullish clues make me think that the price may bounce.
Goals will be 34820 / 35050
❤️Please, support my work with like, thank you!❤️
Dow Jones Index is trading in a bullish trend.
After the price set a new higher high on a daily, it retraced to a key daily structure support.
A doji candle was formed on that.
Analyzing a 4H time frame, we can spot a confirmed bullish breakout of a resistance line of a falling channel and an inverted h&s pattern formation with a violated neckline.
These bullish clues make me think that the price may bounce.
Goals will be 34820 / 35050
❤️Please, support my work with like, thank you!❤️
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.